1924 Exeter RdGermantown, TN 38138

  • Office properties
  • 435 SF

Property Details for 1924 Exeter Rd

Year built
1986
Lot size
0.04 AC
Property size (Sq ft)
435 SF
Zone code
O
Property type
Office properties
APN
G02-20D- -H-00023
APU
G0220DH00023

Description

This newly renovated 1,100 square foot office condo is situated in the desirable Washington Square Office Park in Germantown, Tennessee. Located at the northeast corner of Exeter Road and Farmington Road, this single-tenant space boasts a prime location offering easy access to major retailers and the Poplar Avenue intersection. The suite has been completely updated, featuring fresh paint and new flooring throughout, making it move-in ready for immediate occupancy. The well-designed layout includes a welcoming reception area, four private offices providing ample space for individual work or team collaboration, a convenient bathroom, and a dedicated break area for employee comfort. The property is classified as both a Traditional Office and Creative Office, making it suitable for a variety of businesses. The address is 1924 Exeter Road, Germantown, TN 38138, within Shelby County. This exceptional opportunity presents a chance to secure a modern, functional, and conveniently located office space in a thriving Germantown community. The property is a single-tenant space, ideal for a business seeking a dedicated and private workspace.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $62,677
    6.5%
    $57,855
    7%
    $53,723
  • Comparable approach

    Method
    Valuation
    Relative Method
    $33,913
    Geo Method
    $33,913
  • Alternative Use

    Use
    Valuation
    Residential
    $71,741
    Hospitality
    $65,714
    Educational
    $54,673
    Medical
    $56,554
    Retail
    $85,047

Location Insight

City
Germantown
County
Shelby
State
Tennessee
Latitude
35.0964
Longitude
-89.8008
CBSA code
32820
CBSA name
MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,085
$11,360
$9,400
$20,760
-
$28,400
$23,500
$51,900

FAQs

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